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Sold for $2,170,000
  • $2,170,000

    137 Ocean Ave, Ocean City, NJ 08226

    6beds
    --sqft
    Condominium
    Built in ----
    -- sqft lot
    $2,451,300 Zestimate®
    $--/sqft
    $7,908 Estimated rent

    Home value

    $2,451,300

    $2.26M - $2.67M

    $7,908/mo

    Zestimate® history
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    What's special

    This breathtaking masterpiece offers 6 Bedrooms and 5 bathrooms with an exceptional oversized floor plan with over 2,500 sq feet of living space, gourmet kitchen, cathedral ceilings, beautiful rich hardwood floors, private elevator, two car garage, multiple large decks and much more. This one-of-a-kind property is being sold turnkey and fully furnished and offers an expansive rental history with over $170,000 in rental history per year. 6 Bedrooms and 5 FULL bathrooms with an EXPANSIVE OPEN CONCEPT FLOOR PLAN DUE TO an oversized lot, FULLY FURNISHED... A 2022 rental history of $172,000 and projected 2023 rental income of $180,000, look no further for an investment property with an immediate return! This property generates a year-round cash flow from 50% upfront deposits on advance rentals during the summer season. Drawn by an open concept floor plan and 2,558 ft of living space, renters are also attracted to the elevator access and private entry with large private foyer. As a turnkey investment, this property includes everything you need for a successful rental including a fully stocked kitchen, all outdoor and indoor furniture, blinds, comforters/pillows, beach chairs/umbrellas, boogie boards, aluminum beach cart, large Weber grill, and more. Call now for a showing of this property that will generate a strong return for you!

    Zillow last checked:

    Listing updated:

    Listed by:

    PATRICK HALLIDAY,

    BHHS FOX and ROACH-West Ave OC,

    JOSEPH JAUSS, III 609-231-6209

    Bought with:

    AGENT NON-MEMBER

    Source: SJSRMLS,MLS#: 580764MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 5
    Rooms
    • Room types: Breakfast Nook, Laundry
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Gas Stove, Microwave, Refrigerator, Washer
    Features
    • Cathedral Ceiling(s), Elevator, Fireplace(s), Foyer, Master Bath, Eat-in Kitchen
    • Windows: Blinds, Curtains, Shades
    • Has fireplace: Yes
    • Fireplace features: Gas Log

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener, Garage
    • Garage spaces: 2
    Accessibility
    • Accessibility features: Elevator
    Features
    • Levels: One
    • Stories: 2
    • Patio & porch: Deck/Porch
    Details
    • Parcel number: 15

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Vinyl
    Condition
    • New construction: No

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Deck/Porch, Elevator
    • Subdivision: NONE
    HOA
    • Amenities included: Cable TV, Deck/Porch, Elevator
    Location
    • Region: Ocean City

    Financial & listing details

    • Tax assessed value: $1,341,900
    • Annual tax amount: $5,677
    • Date on market: 12/28/2023
    • Date available: 12/28/2023
    • Inclusions: Blinds, Curtains, Partially Furnished, Rugs, Shades

    Price history

    DateEventPrice
    3/1/2024Sold$2,170,000-5.4%
    Source: SJSRMLS #580764 Report a problem
    1/25/2024Pending sale$2,295,000
    Source: SJSRMLS #580764 Report a problem
    9/26/2023Price change$2,295,000-4.2%
    Source: SJSRMLS #578187 Report a problem
    6/23/2023Price change$2,395,000-0.2%
    Source: SJSRMLS #575266 Report a problem
    5/11/2023Price change$2,399,000-1.2%
    Source: SJSRMLS #570231 Report a problem
    4/27/2023Price change$2,429,000-2%
    Source: SJSRMLS #570231 Report a problem
    4/7/2023Price change$2,479,000-0.8%
    Source: SJSRMLS #570231 Report a problem
    2/26/2023Price change$2,499,000-2.3%
    Source: SJSRMLS #570231 Report a problem
    1/16/2023Listed for sale$2,559,000+42.9%
    Source: SJSRMLS #570231 Report a problem
    2/25/2022Sold$1,791,000-5.7%
    Source: SJSRMLS #558302 Report a problem
    1/31/2022Contingent$1,899,000
    Source: SJSRMLS #558302 Report a problem
    12/21/2021Listed for sale$1,899,000+26.6%
    Source: SJSRMLS #558302 Report a problem
    12/15/2021Sold$1,500,000-2.5%
    Source: SJSRMLS #553574 Report a problem
    10/26/2021Pending sale$1,539,000
    Source: SJSRMLS #553574 Report a problem
    7/27/2021Listed for sale$1,539,000-0.7%
    Source: SJSRMLS #553574 Report a problem
    7/7/2021Listing removed--
    Source: SJSRMLS #548943 Report a problem
    4/1/2021Listed for sale$1,550,000-2.5%
    Source: SJSRMLS #548943 Report a problem
    3/10/2021Listing removed--
    Source: SJSRMLS #546310 Report a problem
    1/25/2021Listed for sale$1,589,000
    Source: SJSRMLS #546310 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,056 $1,341,900
    2024$15,056 +4.8%$1,341,900
    2023$14,372 $1,341,900
    2022-- --
    Find assessor info on the county website

    Neighborhood: 08226

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,451,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,451,300